why, page-19

Thanks for the reminder TC. I sold on hype for a nice little profit - MDX I believe is slightly over priced at the moment. WHat I am pointing out is that I believe the share price will come down slightly - I think the right price is around 15-16 cents and we will see that most likely on Monday's open.
Most people in here are speculating what might happen... that has forced the price up. Being a realist it must be said that the SP will dilute with the 10 cent share offering. If MDX finds quality iron ore samples then it will go up. But that is yet to be proven and yet to happen.... There are plenty of miners out there working next door to other successful miners. And lets not forget that IRM is in a little different position to MDX - they have much better cash flow and are financially much more stable.